Duke Energy 2007 Annual Report Download - page 5

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DUKE ENERGY 2007 SUMMARY ANNUAL REPORT 3
Chairman’s Letter to Stakeholders
Dear fellow investors, customers, employees
and all who have an interest in our success
our partners, suppliers, policymakers, regulators
and communities:
We believe that all companies should have great
aspirations. At Duke Energy, we have two aspirations
that guide our planning and serve as a bridge to
the future: (1) Modernize and decarbonize our
generation fleet, and (2) Help make the communities
we serve the most energy efficient in the world.
These aspirations are grounded in our commitments to provide our
customers with clean, affordable and reliable electric and gas services,
and to allocate capital over the long term to grow earnings for investors.
Our aspirations are also shaped by the ongoing debate over how to address
global climate change. They are action-based. They recognize our intent to
ensure that rules limiting greenhouse gas (GHG) emissions will fairly balance
the needs of all of our stakeholders.
In this letter I will describe how we are building bridges to a low-carbon
future. My confidence in our ability to succeed is based on the dedication
of our people. Their hard work and perseverance was evident in our
2007 results.
JAMES E. ROGERS
Chairman, President and
Chief Executive Officer